Jan 28 (Reuters) -
STOCKS:
The benchmark BSE Sensex .BSESN was up 0.71% to 75,901.41, while the broader NSE Nifty 50 index .NSEI advanced 0.56% to 22,957.25, led by gains in financials after the Reserve Bank of India announced a slew of measures to boost liquidity in the banking system, raising hopes of an interest rate cut in February. .BO
RUPEE:
The Indian rupee INR=IN dropped 0.2% versus the U.S. dollar to 86.5225, as comments about trade tariffs from U.S. President Donald Trump boosted the dollar a day after a selloff in U.S. technology stocks had hurt the greenback. INR/
GOVERNMENT BONDS:
The benchmark 10-year bond IN067934G=CC was quoted at 100.835 rupees, with the yield down 1 bp at 6.6701%, after it fell to a near three-year low earlier in the session as the RBI announced a host of measures to infuse durable liquidity. IN/
OVERNIGHT INDEX SWAPS:
The one-year overnight index swap rate INR1YMIBROIS=CC was up nearly 2 bps at 6.35%, while the five-year swap rate INR5YMIBROIS=CC rose over 2 bps to 6.09%.
CALL MONEY:
India's overnight call money rate INROND= was at 6.25% and the overnight TREPS rate INTREPTOT=TCCL was at 6.59%.